Nichia Corporation and Infineon Technologies

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Many professionals are using LED lighting to provide a competitive advantage over traditional compact fluorescent lamps or other light sources. LED lighting effectively increases worker productivity, facilitates quality control, and simplifies operations. These luminaires are also safe and energy-efficient. LED lighting improves brightness and quality while significantly reducing energy consumption. All these factors are driving the adoption of energy-efficient lighting during the forecast period.

The research markets in many Western countries have become saturated, and the price war among manufacturers in the Chinese LED lighting market is intensifying. Many manufacturers are looking australia number data for opportunities in other regions of Asia. The growing demand for LED lighting (including smart LEDs) in developing countries such as India and Vietnam could provide huge opportunities, thereby stimulating domestic demand for LED lighting in the region.

LED Lighting Industry Overview
The LED lighting market is fragmented due to the presence of multiple regional and international players such as Heliospectra AB, Dialight PLC, Eaton Corporation, General Electric Company, and OSRAM GmbH. These large players hold a significant market share and are focused on expanding their customer base overseas. These companies are using strategic collaboration plans to increase their market share and profitability. However, with technological advancements and product innovations, small and medium-sized companies are expanding their market presence by winning new contracts and entering new markets.

February 2023 - Heliospectra launched MITRA Flex, a revolutionary flexible far-red light suitable for application-specific cultivation. The new solution offers a tri-wavelength spectrum without power loss, making it the ideal choice for specialized and application-specific cultivation such as late-day far-red treatments or production, ensuring crop health all year round, even during periods of low light.

January 2023 - Nichia Corporation and Infineon Technologies AG announced the launch of the industry's first fully integrated micro-LED (µPLS light engine) light engine for high-definition (HD) adaptive beam driving applications. The µPLS micro-LED engine features Nichia's unique internal LED chips, micro-LED technology, and an integrated Infineon LED driver that can individually control all 16,384 micro-LEDs using pulse-width modulation (PWM).